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FINRA has released Regulatory Notice 25-05, inviting public comment on a proposal aimed at reducing compliance burdens tied to outside business activities (OBAs) and private securities transactions (PSTs). The proposal seeks to consolidate FINRA Rules 3270 and 3280 into a single, streamlined rule that clarifies expectations for registered and associated persons, while maintaining strong investor protections.

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Ella Morris

Saved on

Apr 1, 2025

Categories

Consultant
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